Construction Pipeline Central/South America

Central And South America Hotel Development Pipeline For May 2014 Rises to 399 Hotels

Among the countries in the region, Guyana reported the largest expected room growth (+51.0 percent) if all 222 rooms under contract open.

STR Global The Central/South America hotel development pipeline comprises 399 hotels totalling 65,895 rooms, according to the May 2014 STR Global Construction Pipeline Report.

The total under contract data includes projects in the In Construction, Final Planning and Planning stages but does not include projects in the Unconfirmed stage.

Among the countries in the region, Guyana reported the largest expected room growth (+51.0 percent) if all 222 rooms under contract open. Five other countries reported expected room growth of more than 15 percent: Paraguay (+45.4 percent with 916 rooms); Panama (+22.0 percent to 3,631 rooms); Brazil (+21.7 percent with 44,861 rooms); Colombia (+17.9 percent with 4,358 rooms); and Bolivia (+17.6 percent with 594 rooms).

Please note: STR Global recently revised the pipeline definitions. What was formerly known as the Total Active Pipeline is now referred to as Under Contract. The Pre-Planning phase also has been renamed to the Unconfirmed phase.

About STR Global:

STR Global provides clients-including hotel operators, developers, financiers, analysts and suppliers to the hotel industry-access to hotel research with regular and custom reports covering Europe, Middle East, Africa, Asia Pacific and South America. STR Global provides a single source of global hotel data covering daily and monthly performance data, segmentation data, forecasts, annual profitability, pipeline and census information. Hotel operators can join the surveys on a complimentary basis and benefit from free industry data. STR Global is part of the STR family of companies and is proudly associated with STR, RRC Associates, STR Analytics and Hotel News Now.



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